Wealth per capita by asset group in Nigeria
Nigeria: Wealth per capita by asset group was 4,588 $ in 2014. ▼ Falling
Wealth per capita by asset group in Nigeria, 1995–2014
Source: World Bank (2017) – processed by Our World in Data. Measured in $.
Analysis
Nigeria recorded 4,588 $ for wealth per capita by asset group in 2014. That is the lowest value across all 5 years on record.
That represents a change of down 62.7% over ten years.
Over the whole period, wealth per capita by asset group in Nigeria peaked at 23,670 $ in 1995 and was at its lowest, 4,588 $, in 2014.
Nigeria ranks 88th of 141 countries on this measure, in the middle of the range.
Wealth per capita by asset group in Nigeria, year by year
| Year | $ | Change |
|---|---|---|
| 1995 | 23,670 $ | — |
| 2000 | 14,984 $ | -36.7% |
| 2005 | 12,291 $ | -18.0% |
| 2010 | 9,126 $ | -25.8% |
| 2014 | 4,588 $ | -49.7% |
Nigeria compared with similar countries
- Nigeria's 4,588 $ is below the median for lower middle income countries, which is 5,389 $, 85% of the median. (37 countries reporting)
- Nigeria's 4,588 $ is below the median for Sub-Saharan Africa, which is 4,920 $, 93% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23,670 $ | 23,670 $ | 23,670 $ | 1 |
| 2000s | 13,637 $ | 12,291 $ | 14,984 $ | 2 |
| 2010s | 6,857 $ | 4,588 $ | 9,126 $ | 2 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is wealth per capita by asset group in Nigeria?
- Wealth per capita by asset group in Nigeria was 4,588 $ in 2014, according to World Bank (2017) – processed by Our World in Data.
- What is the highest wealth per capita by asset group recorded in Nigeria?
- The highest recorded value was 23,670 $ in 1995.
- What is the lowest wealth per capita by asset group recorded in Nigeria?
- The lowest recorded value was 4,588 $ in 2014.
- How does Nigeria rank for wealth per capita by asset group?
- Nigeria ranks 88th out of 141 countries with data for 2014.
- Is wealth per capita by asset group rising or falling in Nigeria?
- Over the last ten years it is down 62.7%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from World Bank (2017) – processed by Our World in Data, published as part of Wealth per capita by asset group. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Natural capital is disaggregated here into its constituent parts: timber, non-timber, protected areas, land, and sub-soil assets (i.e., fossil fuels, metals and minerals).